G706 form: Fill out & sign online

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to edit Partial release of retainage form in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling paperwork with our feature-rich and user-friendly PDF editor is easy. Adhere to the instructions below to fill out Partial release of retainage form online easily and quickly:

Sign in to your account. Log in with your email and password or create a free account to try the product before choosing the subscription.
Upload a document. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Partial release of retainage form. Quickly add and underline text, insert images, checkmarks, and symbols, drop new fillable fields, and rearrange or delete pages from your paperwork.
Get the Partial release of retainage form completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with other people using a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to quickly manage your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

How do you bill for retainage on form?

Take our $10,000 line-item example and assume there is 5% retainage on it. If youre 10% complete with that item, you would bill $950 and hold $50 in retainage. If you were to bill another 10% of that line item on each application, another $50 would be held in retainage each time.

How do I track Retainages in Quickbooks?

Steps to view retainage by customer or project: Click on Run report. Click on the Customize button. Under Filter, select the Customer from the drop-down list (to view project-specific retention, choose the Job name under the customer name) Click Run report.

What is a retainage invoice?

Retainage is a portion of the agreed upon contract price deliberately withheld until the work is substantially complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project.

How do you record retainage?

Accounting Treatment The client, who owes retainage to the contractor, records retainage as a liability. For example, if a contractor works on a $100,000 project with a ten percent retainage, then they will record $90,000 as accounts receivable and $10,000 as retainage due.

What is a release of retainage?

Retainage is a percentage of the contract amount that is held until a specific date after the completion of the work. You release retainage by creating a voucher pay item with a Pay Status of A (Available to Pay) for the amount that you want to release. The retainage amount is also referred to as holdback.

Related forms

be ready to get more